Financial, Government & Corporate Corruption & Cronyism

It has been said that there are two ways to conquer and enslave a nation. One way is by using the sword, and the other is by using debt. Fortunately, America is not in danger of being conquered by the…

Now this has potential to get interesting… “We don’t owe the Germans money, they owe us,” he told Reuters in an interview in his central Athens office, sitting in front of a line of campaign posters for his radical Syriza bloc, which…

I am amused by the Shadow Weekly Leading Index Project which claims the probability of recession is 31%. I think it is much higher. When the NBER, the official arbiter of recessions finally backdates the recession, May or June of 2012 appear…

It isn’t coming down, is it? In the week ending June 16, the advance figure for seasonally adjusted initial claimswas 387,000, a decrease of 2,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 386,250, an increase…